"Mr. Kumar purchased a 4 BHK flat for � - CUETMOCK

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Home Questions 46C2QD6YCF

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

"Mr. Kumar purchased a 4 BHK flat for ₹ 2.5 crores and rented it out".

This is an example of :

Options:

Perpetuity

Sinking Fund

Equated monthly installment

Effective rate of return

Correct Answer:

Perpetuity

CUET Questions